Whey Standard
@wheystandard.bsky.social
Cornell Law ‘14. Financial regulation, law, politics, България, and now featuring fatherhood.
Scott Bessent apparently confused about the difference between a journalist and an analyst despite his 4 decade career in finance.
Michael Derby@michaelsderby.bsky.social · 5h agoAs evidence for Warsh’s rough start as Fed chair, the Treasury secretary is now going after reporters for their coverage of the central bank.
You casually accuse people of victimhood complex. People get upset because you don't understand their lives. You play victim. This cycle is repeated endlessly until the heat death of the universe.
Missouri elections be like: Hitler (R) 79% - Christ (D) 21% And then the ballot initiative: Amend the Missouri constitution to require the state to own the means of production and work towards full communism? Yes 92% - No 8%
This order provides an example of something I get asked about from time to time: in discovery, how would you ever know if your opponent just claims something doesn’t exist, or says they turned over everything but didn’t. The reality of litigation is that this will likely get caught:
Gabriel Malor@gabrielmalor.bsky.social · 20h agoHere's the link to the order --> storage.courtlistener.com/recap/gov.us... And here's the recipt notice for the first $3,500 paid in civil fines while noncompliance continues. ($500 per day)
![DEFENDANTS’ NOTICE OF PAYMENT 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 TO THE COURT, ALL PARTIES, AND THEIR ATTORNEYS OF RECORD: PLEASE TAKE NOTICE that, in accordance with Judge Frimpong’s Order Holding Defendants in Civil Contempt for Violation of Court Order [DKT. NO. 503], Defendants have electronically submitted via Intra-Governmental Payment and Collection (IPAC) a payment in the amount of $3500.00 on August 4, 2026. (ECF No. 635). Dated: August 4, 2026 Respectfully submitted, /s/ Laurie Wiesner LAURIE WIESNER Trial Attorney U.S. Department of Justice Counsel for Defendants](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:24vva42nxim6zbcmnozegoef/bafkreigl3kqzu27fxav25rtjo45xgre6vb2abukpzsuehxguthuwnptcti)
“I mean really your honor, it’s not like anything they find could possibly be worse than what you already know we did”
Jason Meisner@jmetr22b.bsky.social · 19h agoJUST IN: Chicago's U.S. Attorney's Office says a special counsel need not be appointed to look into wrongdoing in the "Broadview Six" case, and that a hearing on sanctions isn’t warranted. background: www.chicagotribune.com/2026/07/02/b...
When you hear about Kessler Syndrome and decide it sounds really cool and you’d like to check it out.
FinTwitter@fintwitter.bsky.social · yesterdayMusk: Starship Goal Is to Deliver More Than 1M Tons to Orbit a Year, Maybe 10M
Very thorough 2021 politico article about Max Miller, showing this is hardly some new, unexpected development. And contains this incredible quote reflexively downplaying: www.politico.com/news/magazin...
Pinko lib refers to the color of their favorite newspaper, the financial times
Ok LawSky, a thing I don’t understand: if a bet on the outcome of a sporting event is just a swap under the CEA, why isn’t every sportsbook in Vegas that takes bets on out-of-state games operating as an unregistered futures commission merchant?
When you just rewatched House of Cards and imagine yourself as Frank.
George Pearkes@peark.es · yesterdayIt's all so stupid *BESSENT ON BUY-YEN IN NOTEPAD: AIMED TO ENSURE REPORTERS SAW *BESSENT: WANTED TO MAKE SURE REPORTERS KNEW THE SYMBOL 'JPY'
"I think beef tallow is more natural than seed oils, which I don't really understand what those are, but I heard they were bad in a YouTube video. Also can I sell you some Herbalife stuff?" is a shockingly large number of lower-middle and working class voters.
I went to get Culver’s one day a few months ago, and sitting in the Publix parking lot that the Culver’s is in was the Weinermobile. Nobody around it, nobody in it. I video called my wife to show my 6-yo and worse than not believing it, she just said “ok, did you get me ice cream?”
Mollz (ballz)@dopestatistics.bsky.social · 2d agoI just tried to show my child the oscar meyer weinermobile and she said "no thats ai" ?????????!?!? !
People keep saying this shows she was fired, she packed up her office, but I’m pretty sure the USA-DC doesn’t have an office in the west wing. Maybe she was fired, but I don’t think this tells us anything with regard to that.
CrazySaguaro 🌵 🐻 ⬇️@crazysaguaro.com · 2d ago
I actually believe her. I 100% believe that it took career officials like Spence telling Pirro that either she authorize them to file this or they were going to do something like disclose it to the judge and then resign in order to get her to authorize them to do what they were legally required to.
Helen Kennedy@helenkennedy.com · 2d ago"Pirro told Trump it was the career officials in her office that were responsible for the filing, another source said."
To the reports. It's best to read the 6/30/26 report in the context of the 3/31/26 reports. The 6/30 report shows that they had a loss of $3.17B in the first half of 2026. But the 3/31 report shows that in the first quarter they had a gain of $1.04B, so the actual loss in Q2 was $4.21B. 7/
Had a moment to read Tether's 6/30/26 Assurance Report from audit firm BDO, and it really does look bad. US Dollar Token (USDT), the largest USD stablecoin with an issuance of $183 Billion, lost over half its capital in the second quarter of 2026. A repeat would mean they're insolvent. Thread 1/9
Whey Standard@wheystandard.bsky.social · 3d agoMan, Tether’s USDT 6/30/26 reserve report looks very bad to me. Their current leverage capital ratio is 2.18%. To put that in perspective, if they were an insured bank, we’d almost certainly be conducting a failed bank auction at this point. They’re just 19 basis points from when resolution would…
"The Trump administration knew the miners needed their permit. In exchange, it asked for the US government to get equity in the company developing the region.... The deal was cut in October" www.bloomberg.com/news/feature...
Had a moment to read Tether's 6/30/26 Assurance Report from audit firm BDO, and it really does look bad. US Dollar Token (USDT), the largest USD stablecoin with an issuance of $183 Billion, lost over half its capital in the second quarter of 2026. A repeat would mean they're insolvent. Thread 1/9
Whey Standard@wheystandard.bsky.social · 3d agoMan, Tether’s USDT 6/30/26 reserve report looks very bad to me. Their current leverage capital ratio is 2.18%. To put that in perspective, if they were an insured bank, we’d almost certainly be conducting a failed bank auction at this point. They’re just 19 basis points from when resolution would…
You'd have to read to the thirteenth paragraph to discover the pull quote for the title was from Marcus Siding, a 23-year-old Swedish man living in Sweden that wanted to become a cop, but his ADHD diagnosis at the age of 12 barred him by law from becoming a Swedish cop Seems relevant
I’m sorry but this is severely antisocial behavior. Ghosting a long-term intimate partner, particularly one you were living with, who hasn’t been abusive should be shunned.
WIRED@wired.com · 2d agoThe communication-free form of breaking up has become ubiquitous. “I no longer had to bear her energy,” a man who ghosted his partner of four years tells WIRED. www.wired.com/story/people...
I mean if you’re going to bring up Pear Harbor, like, there was a fair amount of shit for four years after that which also wasn’t so great. Of course, we also did some stuff that wasn’t so great.
egg price watcher@bluser12.bsky.social · 3d agoLmfao
Man, Tether’s USDT 6/30/26 reserve report looks very bad to me. Their current leverage capital ratio is 2.18%. To put that in perspective, if they were an insured bank, we’d almost certainly be conducting a failed bank auction at this point. They’re just 19 basis points from when resolution would…
Man, Tether’s USDT 6/30/26 reserve report looks very bad to me. Their current leverage capital ratio is 2.18%. To put that in perspective, if they were an insured bank, we’d almost certainly be conducting a failed bank auction at this point. They’re just 19 basis points from when resolution would…
Resigning to spend less time with his family one would hope.
I would pay …. at least some money (maybe $20?) … to see someone ask JD Vance whether the Jews killed Jesus.
Sky Marchini@sky.skymarchini.net · 4d agoJust apropos, I’ve said this before, and I will reiterate it, it has been Catholic doctrine for 1700 years that Pontius Pilate (famously, a Roman), not “the Jews” or anyone else, killed Jesus. This was explicitly reaffirmed at Vatican II. Has the church always held to this? No. But it is the dogma
Trump is not happy about dismissing the Reflecting Pool cases, apparently on the theory that Hearn and others did … completely different vandalism?
Randomly this made me think of the RW grifter and fake moderate Siraj Hashmi, who got a bunch of RW folks saying “inshalla”. Wonder whatever happened to him. All those characters stuck on the Nazi site, lost in time, like tears in rain.
#StupidSuez@diplomatofnight.com · 5d agoWow, you got us! Arabs say Inshallah!
Some representative examples. I wish we lived in the world they imagine, and I think this misperception is why there’s little pressure to change the law.
Whey Standard@wheystandard.bsky.social · 4d agoOn my Facebook feed at least, the Hearn indictment dismissal is getting more attention than I thought it would, which is good. I think it’s because media likes the Olympian angle. Sadly, the comments reveal a lot of people are wildly misinformed about the ability to recover damages from the feds.
